1080 E Alejo Rd Palm Springs, CA 92262
Movie Colony East Neighborhood
3
Beds
3
Baths
2,468
Sq Ft
0.37
Acres
About This Home
As of June 2017Custom built in 1951. The family sold the house in 2003 to current owners who completed an intensive renovation with architect Sean Lockyer that is sympathetic to the original design. Substantial upgrades include: terrazzo tile floor, stacked stone fireplace, wood beam ceiling, an added master bath, exterior stucco, dual-pane, low E aluminum-framed casement windows, plumbing, electrical,lanai, pool/spa(with spectacular mountain views), solar, HVAC, gourmet kitchen (which includes Viking range, Wolf oven, SubZero Fridge, custom counters), desert landscape with three dramatic fire pits, and front/rear water features. Original features are: tongue and groove ceiling, living room bar, and flagstone planter at front entry. This home is to be featured on the Modernism Week Garden Tour. Located just a few doors from Twin Palms, the Frank Sinatra Estate, it is also a convenient location for access to downtown shops, restaurants, and Ruth Hardy Park.
Last Agent to Sell the Property
Matthew Reader
BD Homes-The Paul Kaplan Group License #01905472 Listed on: 02/10/2014
Last Buyer's Agent
Chip Marler
Douglas Elliman of California, Inc. License #01878196
Home Details
Home Type
Single Family
Est. Annual Taxes
$16,311
Year Built
1951
Lot Details
0
Listing Details
- Active Date: 2014-02-10
- Full Bathroom: 3
- Building Size: 2468.0
- Building Structure Style: Mid Century
- Driving Directions: ON THE CORNER OF ALEJO AND ARQUILLA. TURN EAST FROM INDIAN CANYON DR AND TURN EAST FROM PALM CANYON DRIVE TO ALEJO ROAD TURN LEFT WHEN YOU SEE NORTH ARQUILLA ROAD.HOUSE IS ON SOUTH WEST CORNER
- Full Street Address: 1080 E ALEJO RD
- Pool Construction: Gunite, In Ground
- Pool Descriptions: Community Pool, Heated, Private Pool
- Primary Object Modification Timestamp: 2015-12-22
- Property Condition: Updated/Remodeled
- Spa Construction: Gunite, In Ground
- Total Number of Units: 1
- View Type: Mountain View
- Special Features: None
- Property Sub Type: Detached
- Stories: 1
- Year Built: 1951
Interior Features
- Appliances: Built-Ins, Range Hood, Range
- Advertising Remarks: Custom built in 1951. The family sold the house in 2003 to current owners who completed an intensive renovation with architect Sean Lockyer that is sympathetic to the original design. Substantial upgrades include: terrazzo tile floor, stacked stone firep
- Total Bedrooms: 3
- Builders Tract Code: 5740
- Builders Tract Name: RUTH HARDY PARK/MOVIE COLONY EAST
- Fireplace: Yes
- Spa: Yes
- Interior Amenities: Cathedral-Vaulted Ceilings, Dry Bar, Pre-wired for surround sound, Recessed Lighting, Track Lighting
- Fireplace Rooms: Living Room
- Appliances: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Refrigerator, Washer
- Fireplace Fuel: Gas
- Floor Material: Terrazzo
- Kitchen Features: Gourmet Kitchen
- Laundry: Inside
- Pool: Yes
Exterior Features
- View: Yes
- Lot Size Sq Ft: 16117
- Common Walls: Detached/No Common Walls
- Entry Floor: 1
- Construction: Stucco
- Foundation: Foundation - Concrete Slab
- Patio: Lanai, Awning, Concrete Slab, Covered
- Fence: Block Wall, Masonry Fence, Stucco Wall
- Windows: Skylights, Tinted Windows
- Water: District/Public
Garage/Parking
- Carport Spaces: 2
- Parking Features: Driveway - Gravel
- Parking Type: Carport Attached
Utilities
- Sewer: In Street Paid
- Sprinklers: Sprinkler System, Sprinkler Timer
- Water Heater: Gas
- Cooling Type: Air Conditioning
- Heating Type: Central Furnace
- Security: Prewired for alarm system, Smoke Detector
Condo/Co-op/Association
- HOA: No
Multi Family
- Total Floors: 1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 9, 2018
Sold by
Buchsbaum Monte and Buchsbaum Sherry
Bought by
Buchsbaum Monte Stuart and Buchsbaum Sherry Lynn
Current Estimated Value
Purchase Details
Listed on
Nov 22, 2016
Closed on
Jun 3, 2017
Sold by
Recine Michael G
Bought by
Buchsbaum Monte and Buchsbaum Sherry
Seller's Agent
Matthew Reader
BD Homes-The Paul Kaplan Group
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,320,000
Sold Price
$1,123,000
Premium/Discount to List
-$197,000
-14.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$555,000
Outstanding Balance
$463,852
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$1,256,323
Purchase Details
Listed on
Feb 10, 2014
Closed on
Mar 21, 2014
Sold by
Lowery Martin C
Bought by
Recine Michael G and Michael G Recine Trust
Seller's Agent
Matthew Reader
BD Homes-The Paul Kaplan Group
Buyer's Agent
Chip Marler
Douglas Elliman of California, Inc.
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Purchase Details
Closed on
Nov 3, 2003
Sold by
Summers Hicks H and Summers Paul G
Bought by
Lowery Martin C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Palm Springs, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,123,000 | Fidelity National Title | |
| Grant Deed | $1,050,000 | First American Title Company | |
| Grant Deed | $369,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $555,000 | New Conventional | |
| Previous Owner | $255,000 | Unknown | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $274,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2017 06/30/17 | Sold | $1,123,000 | -3.2% | $455 / Sq Ft |
| 05/29/2017 05/29/17 | Pending | -- | -- | -- |
| 03/21/2017 03/21/17 | Price Changed | $1,160,000 | -1.7% | $470 / Sq Ft |
| 03/03/2017 03/03/17 | Price Changed | $1,180,000 | -4.1% | $478 / Sq Ft |
| 02/07/2017 02/07/17 | Price Changed | $1,230,000 | -4.7% | $498 / Sq Ft |
| 01/12/2017 01/12/17 | Price Changed | $1,290,000 | -2.3% | $523 / Sq Ft |
| 11/22/2016 11/22/16 | For Sale | $1,320,000 | +25.7% | $535 / Sq Ft |
| 03/28/2014 03/28/14 | Sold | $1,050,000 | -12.4% | $425 / Sq Ft |
| 03/14/2014 03/14/14 | Pending | -- | -- | -- |
| 02/10/2014 02/10/14 | For Sale | $1,199,000 | -- | $486 / Sq Ft |
Source: Palm Springs Regional Association of Realtors
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,311 | $2,176,566 | $430,096 | $1,746,470 |
| 2023 | $16,311 | $1,252,723 | $413,396 | $839,327 |
| 2022 | $16,128 | $1,228,161 | $405,291 | $822,870 |
| 2021 | $15,798 | $1,204,081 | $397,345 | $806,736 |
| 2020 | $15,079 | $1,191,735 | $393,271 | $798,464 |
| 2019 | $14,816 | $1,168,368 | $385,560 | $782,808 |
| 2018 | $14,536 | $1,145,459 | $378,001 | $767,458 |
| 2017 | $14,146 | $1,109,054 | $365,988 | $743,066 |
| 2016 | $13,727 | $1,087,309 | $358,812 | $728,497 |
| 2015 | $13,201 | $1,070,978 | $353,423 | $717,555 |
| 2014 | $6,874 | $544,000 | $170,000 | $374,000 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2017
Matthew Reader
BD Homes-The Paul Kaplan Group
-
Seller Co-Listing Agent in 2017
Brad Hudson
BD Homes-The Paul Kaplan Group
(310) 867-0521
61 Total Sales
-
N
Buyer's Agent in 2017
NonMember AgentDefault
NonMember OfficeDefault
-
Seller Co-Listing Agent in 2014
Paul Kaplan
BD Homes-The Paul Kaplan Group
(760) 285-8559
30 Total Sales
-
C
Buyer's Agent in 2014
Chip Marler
Douglas Elliman of California, Inc.
Map
Source: Palm Springs Regional Association of Realtors
MLS Number: 14-735291PS
APN: 507-273-005
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